Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against BingX+0.128%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.128%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.047% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1719 | 0.0100 | pay 0.0050% / 4h | 29m 01s | — | $16.5M | — |
| Short | Polymarket Perps ZRO-USD | 1.1734 | 0.0100 | get 0.0013% / 1h | 29m 01s | $100K | $850K | 5x |
BingX ZRO-USDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.128% → +0.081%
- $4.71
- Slippage, 4 orders
- −$16.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$29.54
- Costs to cover
- 0.343%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Polymarket Perps: live order book, 54 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 2.16 bp | 9.6 bp −$10 | 13.2 bp −$132 | 21.9 bp −$2,191 | 49.4 bp −$24.7K |
| Sell Polymarket Perps live order book, 54 min ago | 3.83 bp | 8.0 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
ZRO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0013% | 1h | 1.1731 | +0.101% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1727 | +0.068% | $21K | $5K | 10x | as long as short |
| 01 Exchange ZROUSD | +0.0064% | 1h | 1.1733 | +0.120% | $7K | $3K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1736 | +0.148% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1726 | +0.061% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1724 | +0.039% | $136K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1702 | −0.143% | $21.9M | $29.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1704 | −0.128% | $17.8M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1693 | −0.222% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1710 | −0.077% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
01 Exchange ZROUSD
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1719 | 0.000% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1716 | −0.026% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1709 | −0.085% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1719 | long leg | — | $16.5M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1710 | −0.077% | $97K | $217K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1682 | −0.316% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1650 | −0.589% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1734 | +0.128% | $100K | $850K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1725 | +0.055% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0155% | 4h | 1.1712 | −0.060% | $1.0M | $249K | 75x | as long as short |
| Nado ZRO-PERP | +0.0178% | 1h | 1.1727 | +0.070% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1726 | +0.059% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0379% | 1h | 1.1734 | +0.126% | $258K | $400K | 25x | as long as short |
| Hyperliquid ZRO | +0.0408% | 1h | 1.1721 | +0.017% | $37.1M | $5.5M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1770 | +0.435% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1248% | 1h | 1.1729 | +0.088% | $784K | $590K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP
Extended ZRO-USD